Home » Posts tagged with "CMTA"

Posts tagged with "CMTA"

BOC bares rules on compulsory acquisition of undervalued imports

BOC bares rules on compulsory acquisition of undervalued imports

Dec. 7 | Image from Pixabay. The Bureau of Customs (BOC) has issued rules on the Philippine government’s right to acquire undervalued imported goods. Customs Administrative Order (CAO) No. 16-2019, signed by Finance Secretary Carlos Dominguez III on October...

BOC orders strict observance of valuation, proper goods description

BOC orders strict observance of valuation, proper goods description

Nov. 25 | Image from Pixabay. Customs commissioner Rey Leonardo Guerrero instructed Bureau of Customs (BOC) officials and employees to comply strictly with the basis for valuation and with the sequential application of valuation methods under the Customs Modernization...

BOC tests new system ensuring transparency of alert orders

BOC tests new system ensuring transparency of alert orders

May. 29 | Image by Free-Photos from Pixabay The Bureau of Customs (BOC) eyes pilot testing by June 15 of an electronic system that promotes transparency and accountability among customs personnel involved in the issuance and lifting of alert orders. The system...

New PH Rules on Customs Audit and Prior Disclosure

New PH Rules on Customs Audit and Prior Disclosure

Jan. 29 | IT’s been more than 2 years since the passage of the Customs Modernization and Tariff Act (CMTA) and finally, the new rules on Post Clearance Audit (PCA) and Prior Disclosure Program (PDP) have been issued through Customs Administrative Order (CAO)...

BOC, NBI nab reseller of 1M worth of ukay-ukay

BOC, NBI nab reseller of 1M worth of ukay-ukay

Jan. 20 | Joint operatives from the Bureau of Customs (BOC) and National Bureau of Investigation (NBI) have apprehended the owner of a condemnation facility caught reselling used clothing (ukay-ukay) to the local market. BOC Customs Intelligence and Investigation...

BOC clamps down on cases of implied abandonment to decongest ports

BOC clamps down on cases of implied abandonment to decongest ports

Jan. 15 | Philippine Customs Commissioner Rey Leonardo Guerrero has ordered all Bureau of Customs (BOC) officials to strictly implement the provision on implied abandonment under the Customs Modernization and Tariff Act (CMTA). Guerrero, in an unnumbered memorandum...

PH exporters appeal for measures to ease empty container woes

PH exporters appeal for measures to ease empty container woes

Jan. 6 | The Philippine Exporters Confederation, Inc. (Philexport) is calling on government and private sector stakeholders to work together to find solutions to the issue on empty containers, which is hurting the cash flow of exporters and causing delivery problems. During...

BOC to implement pre-lodgement control order on goods with derogatory info

BOC to implement pre-lodgement control order on goods with derogatory info

Jan. 2 | The Bureau of Customs (BOC) will adopt an entirely new system for the issuance and processing of the pre-lodgement control order applicable to import, export and transshipped goods with derogatory information prior to lodgement of goods declaration. A...

BOC principal appraisers placed under Import Assessment Service control

BOC principal appraisers placed under Import Assessment Service control

Dec. 13 | Customs Commissioner Rey Leonardo Guerrero has transferred the operational control of all Bureau of Customs (BOC) principal appraisers to the Imports Assessment Service (IAS). Administrative supervision of principal appraisers, meanwhile, remains with...

BOC tightens controls on goods declaration lodgement, valuation

BOC tightens controls on goods declaration lodgement, valuation

Dec. 10 | The Bureau of Customs (BOC) has issued new directives on the lodgement of goods declaration and on valuation to improve revenue collection efficiency and ease port congestion. According to Customs Memorandum Order (CMO) No. 25-2018, dated and signed by...